In the last thirty days, Dogecoin has gained 6% on the daily trading chart. Dogecoin was traded at $0.0018 on the 1st of January, 2018, but on the 2nd of January, 2018, it reached $0.0021. At the time of writing this article, Dogecoin is trading at $0.0025, and is up 4.49%.
The past week has been a pretty good one for Dogecoin. As the current price of the coin is around $0.0045, it has managed to gain just over 6% on the daily chart, which is really good for a coin that has been around for less than a month.
[DOGE] has been on a roller coaster ride since the start of the month, which has seen a drop of roughly 2% or so. Now, it’s down 6% on the week, thanks to a disastrous selloff that sent it down to $0.0059 – its lowest price since February of last year.. Read more about dogecoin news and let us know what you think.Summary of the situation
Dogecoin is up over 6% on the 24-hour chart.
At the time of writing, Dogecoin is trading at $0.3350.
The highest daily price is $0.3546 and the lowest daily price is $0.3201.
Dogecoin Price Analysis: Price Overview
On the 24-hour chart, Dogecoin is up over 6%. The currency is trying to break above the 20-day exponential moving average (EMA) at $0.36. This happened after the game broke through the lower limit of the head-and-shoulders configuration on Monday. Meanwhile, the current trading area is crucial for the bulls, as a little weakness could lead to a pullback to the next lower support. The hourly chart shows a symmetrical triangle approaching the price convergence zone, indicating the likelihood of a short-term breakout. Overall, the altcoin is trading below its all-time high of $0.7512. At the time of publication, DOGE had a market cap of $43, ranking it sixth among the top ten cryptocurrencies by market cap. The next trend line for the coin is likely to be triggered when the coin breaks through the base of the downward channel on the hourly chart. This will lead to a rise to the 50-day simple moving average at $0.39. Above this moving average is solid support that supports the continuation of bullish momentum. After that, however, the bears may try to push the price of the currency even below $0.33 and begin a campaign of further declines towards $0.21 and $0.10.
Dogecoin price movement in the last 24 hours: Reduction of EMA
Dogecoin opened the 24-hour chart at $0.34. There appear to be weak signs of bearish momentum, as indicated by the relative strength index and the decline in the 20-day EMA. If momentum builds and the number of sellers increases, this could negate the bullish outlook in the near term and prevent a further advance towards the 50-day SMA. (Source: TradingView) The currency trades in a narrow range with a difference of only two points. The highest daily price is $0.3546 and the lowest daily price is $0.3201. This daily range indicates moderate volatility in Doge’s daily trading charts.
4-Hour Dogecoin Price Move: Can buyers strengthen rally to $0.47?
If buyers can maintain the bullish momentum at the 20-day exponential moving average at $0.36, the DOGE/USD pair could break through to the upper resistance at $0.39. A breakout and close above the resistance level would lead to a bullish rally towards $0.47. At the time of writing, Dogecoin is trading at $0.3350. The coin’s price action is in a low with a support line at $0.3320. Meanwhile, the DOGE/USD pair is on track to recover from a downward sloping wedge that has dragged it to $0.3410 on the 4-hour chart. (Source: TradingView)
Dogecoin Price Analysis Number :: $2.3 million in BTC received from hacker.
Two major pieces of news determined Dogecoin’s price movement in the last session – the buyback of millions of dollars of cryptocurrency from Colonial Pipeline Company. More than 63 bitcoins with an estimated value of $2.3 million were collected in the seizure. In other news, bitcoin has been approved as legal tender in El Salvador, a country that does not have its own legal tender. Denial. The information provided does not constitute commercial advice. .com accepts no responsibility for investments made on the basis of information provided on this site. We strongly recommend that you conduct independent research and/or consult a qualified expert before making any investment decision.One of the most popular and decentralized cryptocurrencies, Dogecoin is a cryptocurrency that uses an algorithm called Scrypt to secure the network. Although it started as a joke, Dogecoin is now a serious contender in the cryptocurrency world, with a number of proponents calling the coin a real contender for the top 10 cryptocurrency list.. Read more about how to buy dogecoin and let us know what you think.
Frequently Asked Questions
Will Dogecoin reach $100?
Dogecoin, the cryptocurrency that started off as a joke on the Internet, has grown in popularity over the last year. Despite its diminutive size, in just a few months the cryptocurrency has generated more than $50 million in trading volume and is widely considered a contender to overtake bitcoin (BTC) as the most popular cryptocurrency by market cap. Since its inception in 2014, Dogecoin has been one of the most interesting cryptocurrencies in the world, and it has been a key player in the cryptocurrency community. The coin is often considered to be the “meme coin”, since it focuses on having fun and many memes have been created in the Dogecoin community. This year, Dogecoin has shown a growing interest in the mainstream audience, which has led to a series of new developments from original developers.
In just a few weeks, Dogecoin’s value has been sharply rising. If it continues at this pace, you might be able to consider it as a good investment. It is still too early to say that if it will be a good investment in the future. I want to know whether this is a good time to buy or not. This past week, Dogecoin hit an all-time high of $0.0026. On Thursday, Dogecoin stock jumped to $0.0030, which is an increase of 6% on the daily trading chart. Dogecoin is a cryptocurrency that is loosely based on the doge meme, which is a popular Internet meme that features a shiba Inu dog.
How much is Dogecoin worth right now?
The history of Dogecoin may not be as old as some other cryptocurrencies, but it has certainly seen its share of ups and downs. This is no surprise, though, for the altcoin is still in its infancy. Last year, it briefly reached the $0.01 mark and even managed to briefly trade at more than $0.02, but after a few months, it settled back to its usual $0.01 price. It’s been two days since Dogecoin reached an all-time high of $0.0016 on January 14th, 2018, and it’s still holding strong. The coin, which started as a joke in 2014 before becoming a legitimate cryptocurrency alternative, recently overtook Litecoin to become the third most valuable cryptocurrency by market capitalization. The coin held on to that position for a few days before being overtaken by Ripple.
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